Synthos with lower profits in Q1

Synthos, a producer of chemical resources, has recorded a PLN 50 million consolidated net profit in Q1 2016, in comparison with PLN 92 million in Q1 2015, the company informed. Operating profit amounted to PLN 71 million, versus PLN 64 million a year earlier. Consolidated sales revenues amounted to PLN 1 billion in Q1 2016, compared to PLN 974 million in the corresponding period of 2015. Synthos Group is one of the largest manufacturers of raw chemical materials in Poland. The company is the first European manufacturer of emulsion rubbers and a leading manufacturer of polystyrene for foaming applications.